Eduqas GCSE Geography A · C111
Specification 6.2.1 · Component 2
Revise: International Trade and Uneven DevelopmentThree important tools are tariffs, subsidies and quotas.
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GCSE Geography · key term
A limit on the quantity of a product that may be imported or exported.
Used by Eduqas
Specification 6.2.1 · Component 2
Revise: International Trade and Uneven DevelopmentThree important tools are tariffs, subsidies and quotas.
A quota restricts quantity; a tariff adds a tax; a subsidy provides financial support. India’s restrictive licensing applied quantitative restrictions, but not every import licence is a quota.
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